Energy News
TECH SPACE
Microsoft, Amazon to invest billions in French tech
Microsoft, Amazon to invest billions in French tech
by AFP Staff Writers
Paris (AFP) May 12, 2024
Microsoft on Sunday announced four billion euros in investment for developing data centres in France, joining fellow US giant Amazon in committing to the country's tech infrastructure.

The announcements came on the eve of the seventh Choose France Summit, the aim of which is to attract foreign investors to the country. Macron will host it at the Chateau of Versailles near Paris.

Microsoft's president Brad Smith told AFP the move to strengthen its artificial intelligence and cloud computing infrastructure was the tech giant's biggest-ever investment in France since its arrival 41 years ago.

France's "longstanding commitment to carbon-free energy markets" and its status as a "critical leader" in Europe explained the decision, Smith said.

A new data centre will be created in eastern France, while existing sites in the Paris region and the southern city of Marseille will be expanded.

E-commerce behemoth Amazon will invest more than 1.2 billion euros in France, creating more than 3,000 jobs, French President Emmanuel Macron's office said earlier on Sunday.

The money will help develop Amazon Web Services' (AWS) cloud infrastructure, mainly generative artificial intelligence, and the logistical infrastructure of its parcel delivery service, a statement added.

Amazon did not respond to approaches by AFP on Sunday, having recently said it did not want to make any comment ahead of a possible announcement that would be made at the event.

The US company has already announced the creation of 2,000 new jobs in France in 2024, which would bring its staff workforce in the country up to 24,000 by the end of the year, mainly in its logistics centres.

AWS is a key subsidiary of the group, having made $25 billion worldwide in the first quarter, capitalising on the growing appetite among businesses for remote computer and artificial intelligence services.

As Choose France prepared to get under way, several pharmaceutical groups, including US group Pfizer and Britain's AstraZeneca, announced on Sunday commitments to invest more than a billion euros more in France's health sector.

The largest industrial project announced so far is a potential fertiliser factory, which could significantly reduce carbon dioxide emissions.

European consortium FertigHy is to announce it is looking at investing 1.3 billion euros ($1.4 billion) into a factory in the Somme region in northern France, Industry Minister Roland Lescure told France's La Tribune Dimanche newspaper.

ys/imm/jj

MICROSOFT

Amazon.com

Pfizer

ASTRAZENECA

Related Links
Space Technology News - Applications and Research

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TECH SPACE
Amazon says will invest $9 billion in Singapore
Singapore (AFP) May 7, 2024
Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city. The announcement comes after fellow tech titan Microsoft unveiled billions of dollars of investment in the same sectors in Southeast Asia last week as firms look to take advantage of growing demand in the region. Amazon said the figure doubles its investment in the city-state and will help it meet growing demand for cloud services and adopt artificial int ... read more

TECH SPACE
New Insights into the Slow Process of Breaking Down Plant Material for Biofuels

Chicken fat transformed into supercapacitor components

Kimchi Institute process upcycles cabbage byproducts into bioplastics

Major advancement in sustainable syngas production using solar power

TECH SPACE
UC Santa Barbara innovates room temperature process for perovskite solar cells

DGIST team sheds light on mechanisms enhancing efficiency in thin-film solar cells

Today at the CPUC: Approval of the California Energy Commission's Gas R and D Program for FY 2023-2024

Today at the CPUC: SCE Proposes Modifications to Compliance Standards

TECH SPACE
Why US offshore wind power is struggling - the good, the bad and the opportunity

Robots enhance wind turbine blade production at NREL

Offshore wind turbines may reduce nearby power output

Wind Energy Expansion Planned for China's Rural Areas

TECH SPACE
Biden's clean energy tax credits likely to remain 'law of the land': Brainard

Activists warn against EU 'tearing up' green policies

US banking giants had 'significant' challenges estimating climate risks: Fed

Ukraine limits energy supplies after 'massive' Russian strike

TECH SPACE
Quantum advances enhance understanding of high-temperature superconductors

US forges new 'battery belt' in hopes of electric future

China issues draft guidelines to rein in lithium battery industry

A model for Australia's cost-effective renewable energy grid transformation

TECH SPACE
Panama president-elect proposes 'calm' talks on contested mine

Judge tosses California children's pollution suit against US govt

Chinese mill blamed for turning Serbia village red with pollution

Health Risks from Gas Stoves Highlighted in U.S. Study

TECH SPACE
US, Japanese banks lead fossil fuel financing

Octogenarian Just Stop Oil protesters target Britain's Magna Carta

Chinese firms win most bids to explore Iraq oil and gas

Manganese and iridium catalyst marks significant advance in sustainable hydrogen production

TECH SPACE
Mars agriculture simulations show promise and challenges

Manganese discovery on Mars suggests ancient Earth-like conditions

NASA launches commercial studies to facilitate Mars robotic science

NASA Scientists Gear Up for Solar Storms at Mars

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2026 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.